The role of fixed assets for the company is very important to support operating bussines contunuity. The purpose of this final project is to identify whether a fixed assets accounting treatment apllied by PT. Phapros, Tbk in 2014 is in compliance or not with PSAK Number 16 (2011). Data collection methods used were observation, interviews adn documentation, while technical analysis problems is done by identifying the fixed assets from the historical until cessation and presentation in the financial statement and analyze compliance with PSAK Number 16 (2011). The result of the study showed that PT. Phapros, Tbk has a policy to manage and treat all fixed assets owned, but there are still some accounting treatment of fixed assets that isn’t appropriate from the view point of accounting. Recognition of initial acquistion, measurement and termination of fixed assets is appropriate with PSAK Number 16 (2011), but after the initial acquistion cost recognition and depreciation of fixed assets isn’t appropriate to the presentation and disclosure of fixed assets less relevant with the actual situation. The result of the study are presented with description method to decribe the general picture of the company and exposition method to explains about fixed assets accounting treatment as well as the analysis and discusion.